I read the article “The Best Stocks Behind 2023’s Powerful “New Regime” Rally” and took it with a gram of salt as no one has a crystal ball to see the future. However, I do find the article interesting as I kept some of Warren Buffett's wisdom at the back of my mind:
[“We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.”
“Time is the friend of the wonderful company, the enemy of the mediocre.”
“If a business does well, the stock eventually follows.”]
From the article:
- Tech/Growth stocks will lead the way when the Fed pivot in 2023
- Demand will reaccelerate for really depressed valuations such as enterprise software stocks.
- It appears that inflation will come down with Fed pivoting and recession dodged which is a perfect setup for mega-rally in 2023.
- Stocks soar big-time when bear markets U-turn into bull markets.
Stocks/Sectors to keep under your hawkeye radar:
- EV Stocks to Buy –> TSLA, GOEV, RIVN, and QS.
- Enterprise software stocks.
- E-Commerce Stock –> SHOP, CHWY, and ETSY
- Fintech Stock –> SOFI and possibly SQ
- Clean energy stocks
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